Luxembourg: Market for Sanitary Ware And Parts Of Iron Or Steel 2025

Market Size for Sanitary Ware And Parts Of Iron Or Steel in Luxembourg

In 2021, the Luxembourg market for sanitary ware and parts of iron or steel increased by 73% to $X, rising for the third consecutive year after two years of decline. Overall, consumption saw a prominent increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Sanitary Ware And Parts Of Iron Or Steel in Luxembourg

In value terms, iron or steel sanitary ware production totaled $X in 2021 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of 3,470% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2021, production growth failed to regain momentum.

Exports of Sanitary Ware And Parts Of Iron Or Steel

Exports from Luxembourg

In 2021, shipments abroad of sanitary ware and parts of iron or steel decreased by -80% to X tons, falling for the second year in a row after four years of growth. Over the period under review, exports showed a sharp curtailment. The pace of growth appeared the most rapid in 2017 when exports increased by 51%. Over the period under review, the exports attained the peak figure at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, iron or steel sanitary ware exports dropped remarkably to $X in 2021. In general, exports saw a dramatic decline. The most prominent rate of growth was recorded in 2019 when exports increased by 20%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons), France (X tons) and Belgium (X kg) were the main destinations of iron or steel sanitary ware exports from Luxembourg, together accounting for 67% of total exports. Italy, Spain, Poland and Oman lagged somewhat behind, together comprising a further 31%.

From 2012 to 2021, the biggest increases were recorded for Spain (with a CAGR of +2,115.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for sanitary ware and parts of iron or steel exports from Luxembourg, comprising 47% of total exports. The second position in the ranking was held by France ($X), with a 14% share of total exports. It was followed by Italy, with a 10% share.

From 2012 to 2021, the average annual growth rate of value to Germany totaled -38.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-18.2% per year) and Italy (+478.5% per year).

Export Prices by Country

In 2021, the average export price for sanitary ware and parts of iron or steel amounted to $X per ton, shrinking by -18.9% against the previous year. In general, the export price continues to indicate a pronounced decrease. The pace of growth appeared the most rapid in 2015 an increase of 49%. As a result, the export price reached the peak level of $X per ton. From 2016 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Germany ($X per ton), while the average price for exports to Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+24.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sanitary Ware And Parts Of Iron Or Steel

Imports into Luxembourg

After two years of decline, purchases abroad of sanitary ware and parts of iron or steel increased by 7.4% to X tons in 2021. Overall, imports, however, recorded a slight curtailment. The growth pace was the most rapid in 2016 when imports increased by 24%. As a result, imports reached the peak of X tons. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, iron or steel sanitary ware imports reached $X in 2021. The total import value increased at an average annual rate of +1.1% from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when imports increased by 25%. Over the period under review, imports reached the maximum at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tons), Belgium (X tons) and the Netherlands (X tons) were the main suppliers of iron or steel sanitary ware imports to Luxembourg, together comprising 96% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +8.5%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X) constituted the largest supplier of sanitary ware and parts of iron or steel to Luxembourg, comprising 80% of total imports. The second position in the ranking was held by Belgium ($X), with a 12% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Germany amounted to +2.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-2.2% per year) and the Netherlands (+9.9% per year).

Import Prices by Country

In 2021, the average import price for sanitary ware and parts of iron or steel amounted to $X per ton, with a decrease of -6.8% against the previous year. In general, import price indicated a moderate increase from 2012 to 2021: its price increased at an average annual rate of +2.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, iron or steel sanitary ware import price decreased by -15.9% against 2019 indices. The growth pace was the most rapid in 2019 an increase of 65% against the previous year. As a result, import price reached the peak level of $X per ton. From 2020 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+5.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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